Tech stocks slide, industrials surge on Wall Street

Big News Network.com
02 Jul 2025, 03:11 GMT+10

Dow Jones (^DJI): +400.17 (+0.91 percent) to 44,494.94
Nasdaq (^IXIC): -166.85 (-0.82 percent) to 20,202.89
Russell 2000 (^RUT): +22.50 (+1.03 percent) to 2,197.54

NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central bank signals, and macroeconomic data. While U.S. blue chips rallied, tech stocks stumbled, and European markets saw uneven trading. Meanwhile, emerging markets in Latin America and the Middle East posted strong gains.

Wall Street: Dow Rises 400 Points, Nasdaq Drops 167 Points

Dow Jones (^DJI): +400.17 (+0.91 percent) to 44,494.94
S&P 500 (^GSPC): -6.94 (-0.11 percent) to 6,198.01
Nasdaq (^IXIC): -166.85 (-0.82 percent) to 20,202.89
NYSE Composite (^NYA): +111.82 (+0.55 percent) to 20,541.37
Russell 2000 (^RUT): +22.50 (+1.03 percent) to 2,197.54

Canada - TSX Closes 164.79 Points Higher

TSX Composite (^GSPTSE): +164.79 (+0.62 percent) to 26,857.11

Europe: DAX Drops, FTSE Edges Higher

FTSE 100 (^FTSE): +24.37 (+0.28 percent) to 8,785.33
DAX (^GDAXI): -236.32 (-0.99 percent) to 23,673.29
CAC 40 (^FCHI): -3.32 (-0.04 percent) to 7,662.59
EURO STOXX 50 (^STOXX50E): -20.81 (-0.39 percent) to 5,282.43
BEL 20 (^BFX): +20.76 (+0.46 percent) to 4,496.78

Asia and Pacific: Nikkei Tumbles, Taiwan Outperforms

- 🌏 Asia and Pacific
  - Nikkei 225 (^N225): 39,986.33 │ -501.06 (-1.24%) (Japan slumps)
  - Hang Seng (^HSI): 24,072.28 │ -211.87 (-0.87%)
  - TWSE (^TWII): 22,553.72 │ +297.70 (+1.34%) (Top gainer)
  - S&P/ASX 200 (^AXJO): 8,541.10 │ -1.20 (-0.01%)
  - All Ordinaries (^AORD): 8,772.00 │ -1.00 (-0.01%) (Australia flat)
  - NZX 50 (^NZ50): 12,734.53 │ +131.71 (+1.05%) (New Zealand jumps)
  - KOSPI (^KS11): 3,089.65 │ +17.95 (+0.58%)
  - Sensex (^BSESN): 83,697.29 │ +90.83 (+0.11%)
  - IDX (^JKSE): 6,915.36 │ -12.32 (-0.18%)
  - KLSE (^KLSE): 1,541.53 │ +8.57 (+0.56%) (Malaysia gains)

Middle East & Africa: Strong Gains in Egypt, South Africa

EGX 30 (^CASE30): +108.70 (+0.33 percent) to 32,707.20 (Cairo)
TA-125 (^TA125.TA): +2.53 (+0.08 percent) to 3,025.03 (Tel Aviv)
Top 40 USD (^JN0U.JO): +70.87 (+1.32 percent) to 5,439.60 (Johannesburg)

Latin America: Argentina's MERVAL Soars

Bovespa (^BVSP): +694.84 (+0.50 percent) to 139,549.44
IPC Mexico (^MXX): +362.94 (+0.63 percent) to 57,813.82
MERVAL (^MERV): +36,268.62 (+1.82 percent) to 2,031,093.12 (Best performer globally)

Currencies & Global Benchmarks

U.S. Dollar Index (DX-Y.NYB): -0.21 (-0.22 percent) to 96.66
Euro Index (^XDE): +0.23 (+0.19 percent) to 118.03
MSCI Europe (^125904-USD-STRD): +2.70 (+0.11 percent) to 2,419.61

Key Takeaways

Tech Weighs on Nasdaq: Rising yields hit megacap tech, dragging the index down.
Small Caps Lead (Again): Russell 2000's +1.03% signals risk-on sentiment.
Asia Divergence: Taiwan (+1.34%) and NZ (+1.05%) offset Japan's (-1.24%) slump.
EM Shine: Argentina's MERVAL (+1.82%) and South Africa (+1.32%) surged.

Monday 30 June 2025 | Dow Jones jumps 276 points in positive start to week for U.S. stocks | Big News Network

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